Charles Schwab Investment Management Inc. lessened its stake in shares of Liberty Global Ltd. (NASDAQ:LBTYK - Free Report) by 2.3% in the 3rd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 3,065,092 shares of the company's stock after selling 71,921 shares during the quarter. Charles Schwab Investment Management Inc. owned 0.86% of Liberty Global worth $66,237,000 as of its most recent SEC filing.
Other institutional investors have also made changes to their positions in the company. Deseret Mutual Benefit Administrators lifted its stake in Liberty Global by 41.4% during the 2nd quarter. Deseret Mutual Benefit Administrators now owns 2,574 shares of the company's stock worth $46,000 after acquiring an additional 754 shares in the last quarter. US Bancorp DE increased its stake in Liberty Global by 124.9% during the third quarter. US Bancorp DE now owns 2,161 shares of the company's stock worth $47,000 after purchasing an additional 1,200 shares during the period. Rothschild Investment LLC acquired a new stake in shares of Liberty Global during the second quarter worth about $71,000. Point72 Asset Management L.P. purchased a new position in shares of Liberty Global in the second quarter valued at approximately $109,000. Finally, CWM LLC grew its holdings in shares of Liberty Global by 1,159.4% in the third quarter. CWM LLC now owns 6,272 shares of the company's stock valued at $136,000 after purchasing an additional 5,774 shares in the last quarter. 46.10% of the stock is currently owned by institutional investors and hedge funds.
Wall Street Analysts Forecast Growth
Separately, StockNews.com initiated coverage on Liberty Global in a research note on Thursday, November 14th. They set a "hold" rating for the company.
Read Our Latest Stock Report on LBTYK
Liberty Global Trading Up 1.0 %
Shares of NASDAQ:LBTYK traded up $0.15 during trading on Friday, hitting $14.62. 962,880 shares of the company were exchanged, compared to its average volume of 1,850,864. The company has a quick ratio of 1.19, a current ratio of 1.19 and a debt-to-equity ratio of 0.80. The firm's 50 day moving average price is $19.23 and its 200-day moving average price is $18.94. Liberty Global Ltd. has a 12-month low of $11.25 and a 12-month high of $22.14.
About Liberty Global
(
Free Report)
Liberty Global Ltd., together with its subsidiaries, provides broadband internet, video, fixed-line telephony, and mobile communications services to residential and business customers. It offers value-added broadband services, such as WiFi features, security, anti-virus, firewall, spam protection, smart home services, online storage solutions, and web spaces; and Connect Box that delivers in-home Wi-Fi service.
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